Sorrento, AU
Part of the Mornington Peninsula market area
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Overview
Annual Rev
A$63.6k
12 mo avg
↓11%
from prior 12 mo
Occupancy rate
37%
12 mo avg
↓6%
from prior 12 mo
Avg daily rate
A$463
12 mo avg
↑4%
from prior 12 mo
Lead time
31 days
12 mo avg
↓3 days
from prior 12 mo
Revpar
A$129
12 mo avg
↓23%
from prior 12 mo
Methodology note: Figures reflect Mornington Peninsula market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Pool | — | +$82,406 | — | — |
| Lake Access | 🔒 9 (•%) | 🔒 +$5•••• (+••%) | 🔒 $1••••• | 🔒 $9•••• |
| Hot Tub | 🔒 2•• (••%) | 🔒 +$4•••• (+••%) | 🔒 $1••••• | 🔒 $9•••• |
| TV | 🔒 2••• (••%) | 🔒 +$2•••• (+••%) | 🔒 $9•••• | 🔒 $7•••• |
| Barbecue | 🔒 1••• (••%) | 🔒 +$2•••• (+••%) | 🔒 $1••••• | 🔒 $7•••• |
| Sauna | 🔒 4• (•%) | 🔒 +$9••• (+••%) | 🔒 $1••••• | 🔒 $9•••• |
| Gym | 🔒 8• (•%) | 🔒 +$7••• (+•%) | 🔒 $1••••• | 🔒 $9•••• |
| Heating | 🔒 1••• (••%) | 🔒 +$2••• (+•%) | 🔒 $9•••• | 🔒 $9•••• |
| Pets Allowed | 🔒 8•• (••%) | 🔒 +$1••• (+•%) | 🔒 $9•••• | 🔒 $9•••• |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
Studio (7.9 nights)
3 bedrooms (5.2 nights)
2 bedrooms (4.2 nights)
4+ bedrooms (4.1 nights)
1 bedroom (3.6 nights)
Cleaning fee by bedroom
4+ bedrooms (A$179)
3 bedrooms (A$117)
2 bedrooms (A$82)
1 bedroom (A$52)
Studio (A$38)
Professional host share
Professionally managed (74%)
Independent hosts (26%)
Over the 12 months ending August 2026, the Mornington Peninsula market averaged 5,026 active Airbnb and VRBO listings, down 2% from a year earlier and down 11% over two years.
An average Mornington Peninsula listing earns A$48K/year. High-performing listings earn A$128K, while low-performing listings earn A$24K.
Average occupancy in Mornington Peninsula is 28%, producing RevPAR of A$98 per available night.
4+ bedroom listings generate the highest average annual revenue in Mornington Peninsula, at A$62K.
Rules vary across Mornington Peninsula. Mornington: Moderate. Registration required, 60-night annual cap per property, owner notification rules. Council monitors complaints and online listings with some enforcement action. Portsea: Moderate. Same Mornington Peninsula Shire rules - registration, 60-night cap. Enforcement focuses on repeat offenders and complaint-driven investigations. Sorrento: Moderate. Registration mandatory, 60-night yearly limit. Shire conducts compliance checks but many hosts operate near or over limits with limited consequences. Rye: Moderate. Identical regulations - registration, 60-night cap. Enforcement reactive rather than proactive, some non-compliant properties continue operating. Verify requirements for the property's jurisdiction.
The Mornington Peninsula Airbnb and VRBO market appears broadly balanced. Supply has declined 2% year-over-year, while RevPAR has decreased 6%, showing no clear supply-demand imbalance.
RevPAR is highest in January and December; it is lowest in August and May.
The most common amenities are TV (97%), Kitchen (96%), Air Conditioning (96%). The strongest positive revenue associations are Pool (+93%), Washing Machine (+60%), Hot Tub (+49%).
Average daily rate in Mornington Peninsula is A$481, up 1% year-over-year. Rates peak in January and are lowest in August.
Guests in Mornington Peninsula book an average of 32 days in advance, down 8% from last year. Booking windows range from 29 days for 3-bedroom listings to 35 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 60% higher than weekday occupancy.